Lenskart Solutions shares surged 3.04% to hit an all-time high of ₹626.10 at 11:28 AM on NSE following the release of strong Q1 FY27 results. The eyewear retailer's stock has attracted positive coverage from multiple brokerages, with 10 of the 20 analysts covering Lenskart maintaining 'Buy' ratings. Notable firms including UBS, Axis Capital, Emkay Global Financial, IIFL, Elara Capital, Goldman Sachs, Jefferies, Motilal Oswal Financial Services, JM Financial, and Equirus Securities have all assigned 'Buy' ratings to the stock. According to Business Standard, the stock recorded volume of 63.52 lakh shares by 10:46 IST on BSE, a 15.35 times surge over two-week average daily volume of 4.14 lakh shares, indicating exceptionally high investor interest.
Lenskart delivered exceptional financial performance in Q1 FY27, with consolidated net profit attributable to owners jumping 269.24% year-on-year to ₹221.84 crore, compared with ₹60.08 crore in the corresponding quarter last year. The technology eyewear firm's revenue from core operations advanced 43% YoY to ₹2,714 crore in the April-June quarter, compared with ₹1,894 crore in Q1 FY26. At an operational level, EBITDA stood at ₹589 crore, marking a 61.37% YoY increase from ₹365 crore in the same period of the previous fiscal year. The company's EBITDA margin expanded by 370 basis points YoY to 21.7%, with India at 21.4% and international at 21.9%.
In a significant regulatory filing, Lenskart announced the incorporation of its step-down subsidiary Wenzhou Framekart Trade Co., Ltd on August 14, 2026, with the company receiving its Certificate of Incorporation on August 17, 2026. As reported by Lenskart, Baofeng Framekart Technology (BFT) will hold a 95% equity interest in Wenzhou Framekart Trade Co., Ltd, with BFT subscribing to the equity interest for RMB 1 million. The entity will undertake the business of trading, import, export and procurement of spectacle frames and allied optical products, as well as related materials, equipment and technology for BFT and its subsidiaries. This strategic expansion demonstrates the company's commitment to strengthening its global optical manufacturing capabilities.
Motilal Oswal has issued a buy rating on Lenskart with a target price of ₹705 in its research report dated August 12, 2026. According to the brokerage's analysis, the recommendation is based on 48x Sep'28E blended pre-IndAS EBITDA valuation methodology. The investment firm's bullish stance reflects confidence in the eyewear retailer's growth trajectory and operational performance, aligning with the positive analyst sentiment across the industry.
From the beginning of the year, Lenskart Solutions shares have jumped 43%, demonstrating exceptional investor confidence in the company's growth trajectory. Over a month's time, the stock has advanced 16%, while it has climbed 29% in the past six months. As of August 18, 2026, Lenskart Solutions has a total market capitalisation of ₹1.09 lakh crore, reflecting the strong market valuation driven by robust financial performance and strategic business expansion initiatives.
